Iranian and Bulgarian officials discussed opportunities for gas supplies from the Islamic Republic, at the Eighteenth Session of the Intergovernmental Bulgarian-Iranian commission on economic, scientific and technical cooperation, held in Tehran from 6 to 9 March 2016.
Members of the Joint Committee agreed that Bulgaria could be a gateway for Iranian products to enter the European market.
Opportunities for participation of Bulgarian or Iranian companies in the respective partner country's tenders for construction or equipment supply tenders in the field of energy.
Bulgaria and Iran are ready to work together on the development of a new Black Sea – Persian Gulf transport corridor from Bulgaria through Armenia, Azerbaijan and Georgia to Iran.
During a meeting with the Iranian Minister of Roads and Urban Development Abbas Akhoundi the Bulgarian Minister of Transport, Information Technology and Communications Ivaylo Moskovski said that the corridor will create opportunities for efficient and reliable freight transportation between the countries in the Middle East and Central and Eastern Europe. The project will contribute to exploit the growing trade potential in both regions and maintain the transit traffic to and from the Far East.